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Side-by-Side Comparison Independent Updated Oct 2, 2026

Alpari vs Public.com 2026: Which Broker is Better?

In the "Alpari vs Public.com" broker comparison, Alpari and Public.com cater to distinctly different trader profiles. Alpari, established in 1998 and operating from Kingstown, St Vincent, is primarily designed for forex traders seeking high leverage, with a maximum of 1:1000, and a very low minimum deposit of $5, making it appealing to both novice and experienced traders. In contrast, Public.com, founded in 2019 and headquartered in New York, focuses on commission-free stock and crypto trading, appealing to US-based investors interested in social investing and fractional shares, but with no leverage and limited advanced tools. While Alpari offers a comprehensive suite of trading options through MetaTrader platforms, Public.com provides a user-friendly mobile experience for those prioritising ease of use and community engagement.

Alpari

Public.com

AlpariPublic.com
BrokerRank Score3.0/53.0/5 ✓
Min. Deposit$5$0 ✓
Spread from0.4 pips0 pips ✓
Max Leverage1:1000 ✓1:1
RegulationFSASEC
PlatformsMT4, MT5Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
Public.comAlpari
Best for Low Fees
Public.comAlpari
Best for Regulation
AlpariPublic.com
Quick Answer

Alpari (3.0/5) and Public.com (3.0/5) are closely matched. Public.com has lower spreads; the better pick depends on your priorities.

See full side-by-side comparison below

Alpari vs Public.com: Key Differences

Feature

Alpari

Public.com

Winner
Our Rating
3.0 / 5
3.0 / 5
Min. Deposit
$5
$0
Max Leverage
Spread From
0.4 pips
0 pips
Commission
None
None
Regulated By
FSA
SEC
Platforms
MT4, MT5
Proprietary Mobile
Markets
Forex, Cfd, Crypto, Indices, Commodities
Stocks, Crypto
Founded
1998
2019
Headquarters
Kingstown, St Vincent
New York, USA
Score
0 / 3
3 / 3

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Fees Comparison

Fee

Alpari

Public.com

Lower fees
Spread From
0.4 pips
0 pips
Commission
None
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

In the comparison between Alpari and Public.com, Alpari emerges as the better option for professional traders due to its support for MT4 and MT5 platforms, high leverage of up to 1:1000, and extensive market offerings. Conversely, Public.com is more suited for beginners, especially those based in the US, thanks to its user-friendly mobile platform, commission-free trading, and fractional shares. When it comes to fees, Public.com has the edge with its zero-commission model, making it a cost-effective choice for trading stocks and ETFs.

Who Should Choose Which?

Alpari

Alpari

3.0/5

Choose Alpari if you want…

  • Higher leverage (up to 1:1000)
  • More market types (5)
  • More established (est. 1998)
  • More platforms (2 supported)
Public.com

Public.com

3.0/5

Top pick

Choose Public.com if you want…

  • Tighter spreads (from 0 pips)
  • No minimum deposit

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Frequently Asked Questions

1

Is Alpari better than Public.com?

Alpari (3.0/5) and Public.com (3.0/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.

2

Which has lower fees, Alpari or Public.com?

Alpari offers spreads from 0.4 pips, while Public.com starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Alpari vs Public.com?

Alpari requires a minimum deposit of $5. Public.com requires $0.

4

Which broker is safer, Alpari or Public.com?

Alpari is regulated by FSA, while Public.com holds licences from SEC.

5

What trading platforms do Alpari and Public.com support?

Alpari supports MT4, MT5. Public.com supports Proprietary Mobile.

6

Can I use both Alpari and Public.com?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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